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Good Buy thread...my response...and my questions
coinkat
Posts: 24,476 ✭✭✭✭✭
I have not followed the Jackie Robinson coin... So I am bad. But the mintage... Baseball... And just what it is seems that there would far more interest across America and even the world for this coin.
So my questions are this... Is there simply a complete disconnect in that history and events just do not seem interesting to a significant portion of the population?
And the other is... And this is simply requires a YES or NO answer... How many watched the CNN 1968 documentary ? No further commentary on this thread on the content is sought.
Experience the World through Numismatics...it's more than you can imagine.
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NO.
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I think the disconnect isn't so much between the population, and history....it's between the population, and commemorative coins.
Try as you might, I'm just not sure you can make your "average" citizen buy a commemorative gold coin, even for something they are interested in. "Having the coin" just isn't a requirement.....The two concepts just don't necessarily go naturally together.
Coin collectors, on the other hand, may (and do) buy commemoratives for things they don't really care about?!
And...No, I didn't watch the 1968 documentary. I probably would have been interested....but the "news channels" just aren't on my normal rotation for entertainment....
I think the issue with the Jackie Robinson coin was that the demand was propped up by this view artificial rarity and key date status within an uncollected series.
As the First Spouse pieces came out and all of the recent commems with lower mintage's it clearly was a readily available and over-valued coin with no real base of collector demand to prop up prices when the investor and promotional groups vacated.
Latin American Collection
Everyone , basically that bought that stupid book . They got the jackie robinson , then the second lowest ASE , and the first spouses
I bet if they knew where that author lived they would wanna go burn his house down.
Semi-key my a$$
NO - I did not see the documentary.
Yes, there is an issue with subsequent generations learning our history, but there are other more significant factors in my opinion:
1) fewer younger people collect anything. Most hobbies that involve collecting stuff are in decline.
2) even if someone was aware/interested in JR, why should they rush out to buy his coin? Why not his baseball cards, or postage stamps, or commemorative baseball bat, or limited edition porcelain figurine, or Franklin Mint collector's plate? Coins are mainly for coin collectors. Sometimes the general public can be sucked into a specific issue, but mainly it is coin collectors who buy coins, especially expensive gold ones.
PHEW! ... quickly looked at this thread because I thought you ALSO are saying Good Bye
I lucked out and only own the Jackie Robinson silver dollar which has lost 50% in value.
I think a lot of the younger generation don't know their history .
No I did not watch 1968 documentary ....was not aware it was on .
I give away money. I collect money.
I don’t love money . I do love the Lord God.
marcmoish... Not saying good bye...just seeking answers in an effort to understand
Experience the World through Numismatics...it's more than you can imagine.
To be honest, I hate all sports and tend to shy away from them completely. My lack of interest in the coin says nothing about my interest in social issues or history. I did see part of the CNN documentary.
Edited for clarity...
For the average non-collector, the coin is still a pricey small piece of gold. $700 can buy groceries for the average small, middle class American family for a month although it is pocket change to many here.
I knew you wouldn't just making sure, and keeping the kat in check!
The general public's knowledge of numismatic coins is probably close to an all time low. Many use nothing but credit or debit cards. The US Mint's NCLT issues are out of sight and out of mind.
So the integration of MLB has nothing to do with social issues or history??
I am truly at a loss for words... OMG... The comment that clearly illustrates that disappointment and ignorance have no limits.
Experience the World through Numismatics...it's more than you can imagine.
Have fun guys... I am just stunned into silence.
Experience the World through Numismatics...it's more than you can imagine.
You misunderstood my comment. My apathy towards the coin says nothing about my interest level in history or social issues. Wasn't that the point of this thread?
I think the consensus is that BUYING A COIN has nothing to do with history or social issues. The legacy of Jackie Robinson exists entirely independently of coin collecting, or (expensive) commemorative coins.
In December of 2006 you could sell a PCGS MS69 Jackie Robinson $5 Gold Coin for $4500.
Last Sunday a PCGS MS69 Jackie Robinson sold for $677.25 all in at Great Collections.
you can buy pre 33 gold now for just above melt, why would you want to buy a modern gold coin?
you realize no one under 40 even watches baseball right?
This coin enjoyed it's 'time in the sun'....it was very high priced at one time. Jackie Robinson will live in American sports history forever. As with much of American history, it is fading, mainly due to the lack of focus in schools...American and World History used to be required in High School. Now there is a concerted effort in education to suppress it in favor of social issues and current favored political issues. Very sad... I have talked to young people in school today.... Their lack of knowledge borders on criminal neglect. Cheers, RickO
Damn...maybe now I do have to flip the coin for $900 or $1000 to reestablish Mr. Robinsons coin forum legacy.
At one time or another I have owned most of the gold coins in the series. 5174 is a low mintage and Jackie Robinson is way more interesting than the Capitol visitor center.
Could be a good OFR giveaway coin as well...
I am reviewing the situation!
I suppose in the old days you had to explain to a non-collector what was special about a commem coin. Now, you not only have to do that, but you first have to explain what a coin is.
No